Brazil September Airline Industry Market Share: Summary

The following table shows market shares of Brazil’s leading airline companies as reported by Brazil’s National Agency of Civil Aviation. Market share is determined by total kilometers of air travel purchased by customers.

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                  Sept.      Aug.      July      June       May      Sept.
                   2013      2013      2013      2013      2013       2012
===========================================================================
                 ----------------- Domestic Market Share ----------------
TAM              39.89%    39.98%    42.08%    39.75%    39.55%     40.80%
Gol              35.45%    33.87%    32.78%    36.04%    35.35%     33.57%
Azul             13.13%    13.76%    13.30%    12.75%    13.26%      9.69%
Avianca           7.39%     7.74%     7.09%     6.90%     7.14%      5.50%
Trip              3.62%     3.98%     4.11%     3.92%     4.05%      4.36%
All Other         0.53%     0.66%     0.63%     0.64%     0.65%      0.62%
                 -------------- International Market Share --------------
TAM              88.15%    89.72%    89.83%    87.11%    90.37%     89.72%
Gol              11.85%    10.26%    10.17%    12.89%     9.63%     10.26%
===========================================================================
                  Sept.      Aug.      July      June       May      Sept.
                   2013      2013      2013      2013      2013       2012
===========================================================================
All Other         0.00%     0.00%     0.01%     0.00%     0.00%      0.02%
===========================================================================

SOURCE: Agencia Nacional de Aviacao Civil-Brasil (ANAC).

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